Invention Grant
- Patent Title: Risk mitigation in an electronic trading system
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Application No.: US16191491Application Date: 2018-11-15
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Publication No.: US11321778B2Publication Date: 2022-05-03
- Inventor: Amy Joy Farnstrom
- Applicant: NYSE Group, Inc.
- Applicant Address: US NY New York
- Assignee: NYSE Group, Inc.
- Current Assignee: NYSE Group, Inc.
- Current Assignee Address: US NY New York
- Agency: DLA Piper LLP (US)
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q40/04

Abstract:
An electronic trading system (ETS) implements risk mitigation methods for orders and quotes associated with a market participant on the ETS. The methods determine a measure of risk associated with one or more trading positions. One of the methods globally counts the number of breaches of risk thresholds associated with a trading symbol and market participant across all matching engines on the ETS over a rolling time period, and if this global risk counter exceeds a maximum, disables all further trades by the market participant on the ETS. Another method limits the number of automatic re-enablements that a market participant can request in response to prior breaches of risk thresholds that resulted in disabling any further trading by the market participant on the ETS.
Public/Granted literature
- US20190080412A1 RISK MITIGATION IN AN ELECTRONIC TRADING SYSTEM Public/Granted day:2019-03-14
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